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Closing of a new financing and the repayment of its $1,5M convertible debenture

Montreal, January 16, 2014 – ZoomMed Inc. (TSX-V: ZMD) (the “Corporation”) announces the closing of a non-revolving loan, for a principal amount not exceeding US$2,000,000 (the “Loan”), of which US$1,664,318.92 has already been advanced, and the repayment of the CA$1,500,000 current convertible debenture.     The new secured debenture’s maturity date is December 31, 2014…

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